After Hours Report

The major indices closed with losses across the board. The S&P 500 dropped 0.6%, the Nasdaq Composite declined 0.6%, and the Dow Jones Industrial Average fell 0.5% while the Russell 2000 underperformed with a 1.4% loss.  

Selling was driven by normal consolidation efforts after a huge run in equities following the election. The Russell 2000 is still 3.4% higher than its close ahead of the election results.

This morning's economic data provided initial fuel for ongoing profit-taking activity. The October Producer Price Index, released at 8:30 ET, reflected rising inflation at the wholesale level while weekly jobless claims remained below recession-like levels, reflecting ongoing strength in the labor market that may translate to higher consumer spending, piling more pressure on inflation.

The data was followed by 3:00 ET remarks by Fed Chair Powell indicating that the "economy is not sending any signals that we need to be in a hurry to lower rates."

The major indices hit session lows in response to the comments and market participants recalibrated rate cut expectations. The fed funds futures market now sees a 58.9% probability of a 25 basis points rate cut at the December FOMC meeting, down from 82.5%, according to the CME FedWatch tool.  

Treasuries had a volatile response. The 10-yr yield was nearing 4.50% earlier, but settled three basis points lower than yesterday at 4.42% and the 2-yr yield settled one basis point higher at 4.29%. 

Losses were fairly broad based, leading nine of the 11 S&P 500 sectors to register declines. Three of them closed more than 1.5% lower than yesterday. 

Dow component Walt Disney (DIS 109.12, +6.40, +6.2%) went against the downside grain, jumping in response to earnings news. 

• Nasdaq Composite: +27.3%
• S&P 500: +24.7%
• S&P Midcap 400: +16.6%
• Dow Jones Industrial Average: +16.1%
• Russell 2000: +15.3%

Reviewing today's economic data:

• Weekly Initial Claims 217K (Briefing.com consensus 220K); Prior 221K, Weekly Continuing Claims 1.873 mln; Prior was revised to 1.884 mln from 1.892 mln
  • The key takeaway from the report is rooted in the low level of initial jobless claims -- a leading indicator -- which suggests employers are feeling reasonably good about the economic outlook, as they appear reluctant to layoff employees.
• October PPI 0.2% (Briefing.com consensus 0.2%); Prior was revised to 0.1% from 0.0%, October Core PPI 0.3% (Briefing.com consensus 0.3%); Prior 0.2%
  • The key takeaway from the report is that there was inflation in this report -- not disinflation -- at the wholesale level. That will stir concerns about PCE inflation sticking at higher levels and the Fed not cutting rates as much as previously envisioned.

Looking ahead, Friday's economic calendar features:

• 8:30 ET: October Retail Sales (Briefing.com consensus 0.3%; prior 0.4%), Retail Sales ex-auto (Briefing.com consensus 0.2%; prior 0.5%), November Empire State Manufacturing (Briefing.com consensus 3.3; prior -11.9), October Import Prices (prior -0.4%), Import Prices ex-oil (prior 0.1%), Export Prices (prior -0.7%), and Export Prices ex-agriculture (prior -0.9%)
• 9:15 ET: October Industrial Production (Briefing.com consensus -0.3%; prior -0.3%) and Capacity Utilization (Briefing.com consensus 77.3%; prior 77.5%)
• 10:00 ET: September Business Inventories (Briefing.com consensus 0.2%; prior 0.3%)

Overseas:

• Europe: DAX +1.3%, FTSE +0.5%, CAC +1.3%
• Asia: Nikkei -0.6%, Hang Seng -2.0% Shanghai -1.7%

Commodities:

• Crude Oil +0.27 @ 68.68
• Nat Gas -0.21 @ 2.78
• Gold -14.10 @ 2573.00
• Silver -0.09 @ 30.57
• Copper +0.01 @ 4.09

After-Hours Spotlight:

• Applied Materials (AMAT) beats by $0.13, beats on revs; guides Q1 EPS in-line, revs in-line... AMAT down 3.8%
• AST SpaceMobile (ASTS) reports Q3 (Sep) results, misses on revs; provides business update; announces launch services agreements to enable space-based cellular broadband service coverage for the United States, Europe, Japan, and other strategic markets globally... ASTS down 13.3%
• Berkshire Hathaway (Warren Buffett) discloses updated portfolio positions in 13F filing: New DPZ POOL positions... DPZ up 6.7%; POOL up 4.9%
• Despegar.com (DESP) beats by $0.17, beats on revs; reaffirms FY24 revs guidance... DESP up 17.4%

For a full rundown of today's market and after hours developments, see Live In Play

• Earnings/Guidance (Full Earnings Calendar):
  • 3D Systems (DDD) guides Q3 revenue below consensus; continue to navigate a challenging operating environment
  • Advance Auto (AAP) reports Q3 (Sep) results, misses on revs; Completes Comprehensive Review of Operational Productivity
  • Afya (AFYA) reports Q3 results; reaffirms outlook
  • Alumis (ALMS) misses by $0.07
  • Azul S.A. (AZUL) reports Q3 results; slight miss on revs
  • Beazer Homes (BZH) beats by $0.34, beats on revs
  • Bilibili (BILI) beats by RMB0.03, beats on revs; also authorized a share repurchase program under which the Company may repurchase up to US$200 million of its publicly traded securities for the next 24 months
  • BrightView (BV) reports EPS in-line, revs in-line; guides FY25 revs in-line
  • Cisco (CSCO) beats by $0.04, reports revs in-line; guides Q2 EPS above consensus, revs in-line; guides FY25 EPS above consensus, revs in-line; broad-based acceleration in product orders reflecting normalizing demand
  • Cracker Barrel (CBRL) sees Q1 EPS and revs above consensus; reaffirms FY25 guidance
  • Dada (DADA) beats by $0.37, beats on revs
  • Deutsche Telekom (DTEGY) reports Q3 results; raises outlook
  • Digi Intl (DGII) beats by $0.05, reports revs in-line; guides Q1 EPS in-line, revs in-line
  • dLocal Limited (DLO) misses by $0.02, beats on revs
  • FactSet (FDS) reaffirms FY25 EPS guidance
  • Harrow (HROW) reports EPS in-line, misses on revs
  • Helmerich & Payne (HP) misses by $0.02, reports revs in-line
  • Hillenbrand (HI) beats by $0.09, beats on revs; guides DecQ EPS below consensus, revs below consensus; guides FY25 EPS in-line, revs below consensus
  • Hon Hai Precision (HNHPF)  announces Q3 results
  • Ibotta (IBTA) beats by $0.59, beats on revs; guides Q4 revs below consensus
  • Intuitive Machines (LUNR) reported third quarter 2024 results with highest quarter ending backlog in company history; narrowing full-year 2024 revenue outlook
  • J&J Snack Foods (JJSF) misses by $0.25, reports revs in-line
  • JD.com (JD) beats by RMB1.11, reports revs in-line
  • Kulicke & Soffa (KLIC) misses by $0.01, reports revs in-line; guides Q1 EPS below consensus, revs below consensus; Announces new $300 mln share repurchase program, raises quarterly dividend
  • Kyverna Therapeutics (KYTX) beats by $0.01, reports no revenue
  • Mission Produce (AVO) provides investor updates in presentation (Q4 results expected in Dec)
  • Mitsubishi Financial (MUFG) revised earnings target for profits attributable to owners of parent and its year-end dividend forecast for the fiscal year ending March 31, 2025
  • NetEase (NTES) misses by RMB0.16, misses on revs
  • NICE (NICE) beats by $0.20, reports revs in-line; guides FY24 EPS above consensus, reaffirms FY24 revs guidance
  • Ocular Therapeutix (OCUL) beats by $0.02, misses on revs
  • PDS Biotech (PDSB) provides clinical programs update and reports third quarter 2024 financial result
  • Siemens (SIEGY) reports FY24 results; provides outlook for FY25
  • SMA Solar Tech (SMTGF) reduces earnings and revenue guidance due to sustained market slowdown in Home and C&I segments
  • Sonos (SONO) misses by $0.04, beats on revs
  • StandardAero (SARO) reports EPS in-line, beats on revs
  • Suburban Propane (SPH) announces fourth quarter results; continues to advance long-term strategic growth initiatives
  • Tarsus Pharmaceuticals (TARS) beats by $0.33, beats on revs
  • Tetra Tech (TTEK) beats by $0.01, reports revs in-line; guides Q1 EPS in-line, revs in-line; guides FY25 EPS in-line, revs in-line
  • Walt Disney (DIS) beats by $0.03, reports revs in-line; guides FY25 EPS above consensus; provides outlooks for FY26 and FY27; posts prepared remarks from CEO Robert Iger and CFO Hugh Johnston on the Investor Relations page of its website
  • ZEEKR Intelligent Technology Holding Limited (ZK) beats by RMB0.74, misses on revs; announces strategic integration transactions with Geely
• General News
  • Rep. Matt Gaetz (R-FL) resigned from the House as lawmakers expressed doubts he will get confirmed as Attorney General, according to Politico
  • House Speaker Mike Johnson won Republican nomination for speakership by unanimous vote, according to The Hill
  • Cantor Fitzgerald CEO Howard Lutnick and Key Square Capital Management founder Scott Bessent leading contenders for Treasury Secretary under second Trump administration, according to the Wall Street Journal
  • NYC plans lower congestion pricing plan that earlier proposed, according to the Wall Street Journal
  • Ukraine bonds are showing strength as investors believe President-elect Trump will end war in Ukraine, according to Financial Times
  • President Biden could tweak Medicare quality ratings, according to Bloomberg
  • IEA releases November oil market update
  • Banco de México’s Governing Board decided to lower the target for the overnight interbank interest rate by 25 basis points to 10.25%, effective November 15, 2024
  • President-elect Trump is expected to appoint Robert Kennedy Jr. to lead HHS, according to Politico
  • AAON (AAON) announces the expansion of the Company's production capacity with the purchase of a new 787,000 square foot facility in Memphis, Tennessee
  • AC Immune (ACIU) reports positive interim results from phase 2 trial of ACI-7104.056 Active Immunotherapy in Early Parkinson’s Disease
  • Allogene (ALLO) to discontinue enrollment in its Phase 1 cohort in the ALPHA2 clinical trial
  • Alphabet (GOOG) provides an update on political advertising in the European Union
  • Alphabet (GOOG) aiming to release standalone iOS app for Gemini, according to Apple Insider
  • Alphabet (GOOG): CFPB could place GOOG under financial supervision, according to Washington Post
  • Amazon (AMZN) aiming to end fresh grocery delivery service in Germany, according to The Information
  • American Electric (AEP) leveraging fuel cell technology to power data center growth
  • Amkor (AMKR): Lightmatter announces a strategic partnership with Amkor Technology to create the largest-ever 3D-packaged chip complex utilizing Lightmatter’s innovative Passage platform
  • Apple (AAPL): UK consumer group files cloud lawsuit against Apple
  • ASML (ASML) provides updated view on market opportunities at 2024 Investor Day meeting; Positioned for significant growth in revenue and profitability in this decade
  • B2Gold (BTG) reports drilling results from its 2024 exploration program at the Goose Project
  • Baker Hughes (BKR) and SOCAR announce the signing of a contract for an integrated gas recovery and hydrogen sulfide removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan
  • Baxter (BAX) confirms it restarted a second IV solutions manufacturing line this week as expected
  • BeiGene (BGNE) announced its intent to change the company's name to BeOne Medicines Ltd., confirming its commitment to develop innovative medicines to eliminate cancer by partnering with the global community to serve as many patients as possible
  • BHP Group (BHP) provided Samarco update – acquittal of criminal charges
  • Biogen (BIIB): Leqembi recommended for treatment of early Alzheimer’s disease
  • Biogen (BIIB) and Eisai Co., Ltd. (ESAIY) confirm a positive opinion has been received from the Committee for Medicinal Products for Human Use of the European Medicines Agency recommending approval of the amyloid-beta monoclonal antibody lecanemab as a treatment of adult patients with a clinical diagnosis of mild cognitive impairment and mild dementia due to Alzheimer’s disease who are apolipoprotein E e4 non-carriers or heterozygotes with confi
  • Blackstone ((BX) and other private equity firms mulling sale of Diligent, according to Reuters
  • Boeing (BA) begins issuing layoff notices, according to Reuters
  • Booking Holdings (BKNG): EU Commission says that Booking must now comply with the Digital Markets Act
  • BRF SA (BRFS) approved the acquisition of up to 30 million additional shares
  • Cemig (CIG): Government of Minas filed a bill to privatize CIG, according to Globo
  • Cemig (CIG) discloses letter received from the controlling shareholder
  • Citigroup (C): US is investigating Citigroup's connections with Russian Oligarch Kerimov, according to Barron's
  • CNH Industrial (CNH):  David Einhorn builds new position in the company, calls shares cheap, according to CNBC
  • Cracker Barrel (CBRL): Biglari Capital responds to Cracker Barrel's preliminary Q1 2025 announcement
  • Cracker Barrel (CBRL): Biglari Capital Corp. Issues Letter to Shareholders of Cracker Barrel Old Country Store, Inc.
  • DiaMedica Therapeutics (DMAC) announces dosing of first patient in Phase 2 Trial of DM199 in the treatment of Preeclampsia
  • DMC Global (BOOM) announces that Michael Kuta will retire as President and CEO, effective Nov 29; Executive Chairman, James O'Leary assumes the role of interim president and CEO of the Company upon Mr. Kuta’s retirement
  • Eisai (ESAIY): Lenvatinib granted orphan status designation for esophageal cancer, according to FDA website
  • Eli Lilly (LLY): Treatment with tirzepatide in adults with pre-diabetes and obesity or overweight resulted in sustained weight loss and nearly 99% remained diabetes-free at 176 weeks
  • Evotec SE (EVO) follow up to report that company has received takeover interest
  • FirstEnergy (FE) has been awarded $50 mln in federal funding by the U.S. Department of Energy's Grid Deployment Office for projects that will enhance electric service reliability for more than 53,000 Mon Power and Potomac Edison customers in West Virginia and Maryland
  • Ford Motor (F): NHTSA issues $165 million civil penalty, second largest in agency’s history
  • GE Vernova (GEV) investigation found issues at Quebec turbine plant, according to Reuters
  • Getty Images (GETY) announces a content integration with TikTok to meet the diverse creative needs of marketers and advertisers
  • GlaxoSmithKline (GSK) reports Blenrep shows overall survival benefit in head-to-head DREAMM-7 phase III trial
  • Grifols, S.A. (GRFS): Banks will support EUR 11 bln debt deal to take GRFS private, according to Bloomberg
  • Harmony Gold (HMY) appoints Beyers Nel as Group CEO and Floyd Masemula as Deputy Group CEO
  • Heritage Commerce Corp. (HTBK) announces departure of CFO Lawrence McGovern in Feb 2025, COO Thomas Sa will assume CFO duties on an interim basis beginning November 18, while the Company and the Bank complete a search for McGovern’s permanent replacement
  • Hilton (HLT) authorizes additional stock repurchases
  • Hims & Hers (HIMS) CEO Andrew Dudum in interview says company will introduce a new GLP-1 tracker, according to Yahoo Finance
  • Johnson & Johnson (JNJ): Nipocalimab demonstrates significant clinical improvement in disease activity and IgG reduction in Phase 2 Sjögren's disease study
  • Keysight (KEYS) has reached an agreement to provide its electronic design automation software to six of the eight hubs participating in the Microelectronics Commons
  • Kyverna Therapeutics (KYTX) announces new patient data highlighting potential of KYV-101 for treatment of lupus nephritis in symposium at ACR convergence 2024
  • Markel Group (MKL) approves new share repurchase program for up to $2.0 bln
  • Merck (MRK) enters into exclusive global license for LM-299, an investigational anti-PD-1/VEGF bispecific antibody from LaNova Medicines Ltd.
  • Motorola Solutions (MSI) increases quarterly dividend to $1.09/share from $0.98/share
  • Northrop Grumman (NOC) awarded $541 mln U.S. Missile Defense Agency contract
  • Nuvectis Pharma (NVCT) Reports Encouraging NXP800 Interim Data Supporting Ongoing Enrollment in Phase 1b Study in Patients with Platinum-Resistant ARID1a-Mutated Ovarian Cancer
  • Nvidia (NVDA) and Apple (AAPL) suppliers are ready for increased US investment, according to Nikkei
  • Pacira (PCRX) announces 104-week safety and efficacy data following local administration of PCRX-201 for moderate to severe osteoarthritis of the knee
  • PTC Therapeutics (PTCT) receives FDA approval for AADC Deficiency Gene Therapy
  • PulteGroup (PHM) increases quarterly cash dividend 10% to $0.22/share from $0.20/share
  • Rackspace Technology (RXT) announces the deployment of an Epic Electronic Health Record system for AdventHealth on Rackspace’s Healthcare Cloud platform
  • Rhythm Pharmaceuticals (RYTM) Announces Publication of Results from Phase 3 Study of Setmelanotide in Patients Between 2 and 5 Years Old in The Lancet Diabetes & Endocrinology
  • Sanofi (SNY): The European Medicines Agency’s Committee for Medicinal Products for Human Use has adopted a positive opinion recommending the approval of Sarclisa in combination with bortezomib, lenalidomide, and dexamethasone for the treatment of adult patients with newly diagnosed multiple myeloma who are ineligible for autologous stem cell transplant
  • Sinclair Broadcast (SBGI): Diamond Sports Group announces that the United States Bankruptcy Court for the Southern District of Texas approved Diamond’s Plan of Reorganization to emerge from Chapter 11 bankruptcy protection
  • Skye Bioscience (SKYE) Surpasses 50% Patient Enrollment in Phase 2 Obesity Study of Differentiated CB1 Inhibitor
  • Spectrum Brands (SPB) raises dividend by 12%
  • Spire (SR) increases quarterly cash dividend 4% to $0.785/share from $0.755/share
  • Spotify (SPOT) planning to pay hosts to make podcast videos, according to the Wall Street Journal
  • TechnipFMC (FTI) rececives major iEPCI Contract for TotalEnergies (TTE)
  • Tesla (TSLA): Follow up to report that President-elect Trump will seek to remove the $7500 EV tax credit, according to Reuters (this will need congressional approval)
  • Tevogen Founder (TVGN) reflects on importance of preserving shareholder value while navigating growth as it prepares to file quarterly financials
  • Verizon Business (VZ) announces a partnership with Knightscope (KSCP), a developer of autonomous security robots, to provide secure, reliable connectivity for the deployment of Knightscope’s K5 security robots and K1 emergency communication devices to help elevate safety at commercial and government facilities
  • Visa (V) discloses that the European Commission announced its intention to conduct another impact assessment of the IFR, which could result in even lower caps on interchange rates and the expansion of regulation to other types of products, services and fees
  • Vodafone PLC (VOD) will commence a share repurchase program of up to a maximum consideration of €500 million
  • Walt Disney & Reliance (DIS) announce completion of transaction to form joint venture to bring together the most iconic and engaging entertainment brands in India
  • Zeta Global (ZETA) authorizes $100 million stock repurchase program

Ratings Changes (see Upgrades/Downgrades calendar for full list):

• Upgrades:
  • American Airlines (AAL) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $16
  • ArcelorMittal (MT) upgraded to Buy from Neutral at BofA Securities; tgt raised to $32.90
  • BrightSpire Capital (BRSP) upgraded to Buy from Hold at JonesResearch
  • BXP, Inc. (BXP) upgraded to Buy from Neutral at Compass Point; tgt raised to $88
  • Campbell Soup (CPB) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $56
  • Douglas Emmett (DEI) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt raised to $21
  • Doximity (DOCS) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $53
  • Inseego (INSG) upgraded to Buy from Neutral at ROTH MKM; tgt raised to $15
  • New York Mortgage Trust (NYMT) upgraded to Buy from Hold at JonesResearch
  • Prudential (PRU) upgraded to In-line from Underperform at Evercore ISI; tgt raised to $140
  • Suncor Energy (SU) upgraded to Buy from Hold at Desjardins
  • Unum Group (UNM) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $84
• Downgrades:
  • Atlas Energy Solutions (AESI) downgraded to Neutral from Buy at Citigroup; tgt lowered to $22
  • Blink Charging (BLNK) downgraded to Neutral from Buy at UBS; tgt lowered to $2
  • Boxlight (BOXL) downgraded to Neutral from Buy at Alliance Global Partners
  • ESS Inc. (GWH) downgraded to Perform from Outperform at Oppenheimer
  • ESS Inc. (GWH) downgraded to Underperform from Neutral at Robert W. Baird; tgt lowered to $9
  • Ibotta (IBTA) downgraded to Neutral from Buy at UBS; tgt lowered to $65
  • Innoviz Technologies (INVZ) downgraded to Neutral from Overweight at Cantor Fitzgerald
  • Jack In The Box (JACK) downgraded to Neutral from Buy at Northcoast
  • Jackson Financial (JXN) downgraded to Underperform from In-line at Evercore ISI; tgt raised to $95
  • Kilroy Realty (KRC) downgraded to Sector Underperform from Sector Perform at Scotiabank; tgt $38
  • Kronos (KRON) downgraded to Hold from Buy at TD Cowen
  • Kronos (KRON) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $1
  • Liberty Broadband (LBRDA) downgraded to Neutral from Buy at Rosenblatt; tgt raised to $92
  • Papa John's (PZZA) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
  • Plug Power (PLUG) downgraded to Neutral from Buy at BTIG Research
  • Realty Income (O) downgraded to Neutral from Outperform at Mizuho; tgt lowered to $60
  • Sun Communities (SUI) downgraded to Neutral from Buy at UBS; tgt lowered to $134
  • TelevisaUnivision (TV) downgraded to Neutral from Overweight at JP Morgan
  • Zeta Global (ZETA) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
• Others:
  • Achieve Life Sciences (ACHV) initiated with a Buy at Rodman & Renshaw; tgt $12
  • Adial Pharmaceuticals (ADIL) initiated with a Buy at Rodman & Renshaw; tgt $8
  • Amgen (AMGN) initiated with a Neutral at Citigroup; tgt $335
  • Biogen (BIIB) initiated with a Neutral at Citigroup; tgt $190
  • Blueprint Medicines (BPMC) initiated with an Overweight at JP Morgan; tgt $126
  • Broadstone Net Lease (BNL) initiated with a Neutral at UBS; tgt $18
  • Carlisle Cos (CSL) initiated with a Hold at Truist; tgt $460
  • Cogent Communications (CCOI) initiated with a Buy at UBS; tgt $102
  • EPR Properties (EPR) initiated with a Neutral at UBS; tgt $48
  • Eupraxia Pharmaceuticals (EPRX) initiated with a Buy at Rodman & Renshaw; tgt $9
  • Fabrinet (FN) initiated with an Equal Weight at Barclays; tgt $292
  • Four Corners Property Trust (FCPT) initiated with a Buy at UBS; tgt $33
  • Gilead Sciences (GILD) initiated with a Buy at Citigroup; tgt $125
  • Maravai Life Sciences (MRVI) initiated with a Peer Perform at Wolfe Research
  • Omeros (OMER) initiated with a Buy at Rodman & Renshaw; tgt $9
  • Regeneron Pharma (REGN) initiated with a Neutral at Citigroup; tgt $895
  • Repligen (RGEN) initiated with a Peer Perform at Wolfe Research
  • Rockwell Medical (RMTI) initiated with a Buy at Rodman & Renshaw; tgt $5
  • Target Hospitality (TH) resumed with a Perform at Oppenheimer
  • Turning Point Brands (TPB) initiated with an Outperform at Oppenheimer; tgt $65
  • Vail Resorts (MTN) initiated with a Neutral at UBS; tgt $185
  • Vertex Pharma (VRTX) initiated with a Buy at Citigroup; tgt $575

• Econ Data (Friday):
  • 8:30 ET: October Retail Sales (Briefing.com consensus 0.3%; prior 0.4%), Retail Sales ex-auto (Briefing.com consensus 0.2%; prior 0.5%), November Empire State Manufacturing (Briefing.com consensus 3.3; prior -11.9), October Import Prices (prior -0.4%), Import Prices ex-oil (prior 0.1%), Export Prices (prior -0.7%), and Export Prices ex-agriculture (prior -0.9%)
  • 9:15 ET: October Industrial Production (Briefing.com consensus -0.3%; prior -0.3%) and Capacity Utilization (Briefing.com consensus 77.3%; prior 77.5%)
  • 10:00 ET: September Business Inventories (Briefing.com consensus 0.2%; prior 0.3%)
• Earnings:
  • Monday (Nov 11)
    • Pre-Market: ARMK MNDY SPNS
    • After-Hours: AROC AGO JRVR LAZR NVRO RDNT TALO ZETA
  • Tuesday (Nov 12)
    • Pre-Market: ALIT AZN AVDL CAMT DAVA EVGO FA GENI HTZ HD HUYA IAC IHS IGT LEGN LYV MIRM MOS NMRA NWN NVAX ONON PTVE PGY PLL PLUG RGEN ROIV SRRK SDGR SE FOUR SHLS SDHC SPHR SWTX SHO SGRY SLVM TH TME THS TGI TSN
    • After-Hours: DOX AHR AZTA CNNE CAVA CHGG IMOS CRNX DHT EVCM GRAB HPP ICUI CART IAS LNW MARA NTRA NATL NPCE OXY OUT FNA PAY PRDO PGNY PRTA PUBM RXT RPAY RKLB SDRL SWKS SOUN SPOT SU TTGT MODG XENE ZI
  • Wednesday (Nov 13)
    • Pre-Market: AFCG ARCO CYBR DOLE ENLT GFF JHX LOAR PSFE RSKD SSYS TSEM MRSN
    • After-Hours: BZH BV CSCO DGII DLO HP HI IBTA JJSF KLIC SONO TTEK
  • Thursday (Nov 14)
    • Pre-Market: AAP BILI NTES NICE NOMD SBH TLN OCUL DIS ZK
    • After-Hours: AMAT ESE GLOB POST
  • Friday (Nov 15)
    • Pre-Market: BABA SPB
    • After-Hours: GDS TCOM
General Motors: 5,000 members at GM's Arlington, TX assembly plant join UAW strike